10
Nov
07:30
ArcelorMittal Brazil production drops in third quarter
ArcelorMittal saw its performance in Brazil drop both quarter-on-quarter and on-year in the third quarter, Kallanish notes. The company says it has adapted its production capacity for the rest of this year amid the weak apparent demand environment and higher energy costs.
“Demand in Brazil is in line with previous expectations, with a slight contraction in real consumption and a significant reduction in inventory forecast, following destocking, to lead to a …
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Anonymous
Very good overview of the weekly steel market.
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